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HomeNewsIndustry NewsWorld’s first partnership for transnational solar energy grid launched in Glasgow

World’s first partnership for transnational solar energy grid launched in Glasgow

World’s first partnership for interconnected photo voltaic grid, often called the Green Grids Initiative – One Sun One World One Grid (GGI-OSOWOG) launched on the COP26 local weather convention in Glasgow. The International Solar Alliance (ISA), India Presidency of the ISA, and the UK COP Presidency unveiled plans for the primary worldwide community of worldwide interconnected solar energy grids, GGI-OSOWOG, on the COP26 local weather convention in Glasgow, an ISA assertion mentioned.

The announcement was accompanied by the One Sun declaration. “Realizing the imaginative and prescient of One Sun One World One Grid by way of interconnected inexperienced grids may be transformational, enabling all of us to satisfy the targets of the Paris Agreement to stop harmful local weather change, to speed up the clean energy transition, and to achieve the Sustainable Development Goals.These efforts can stimulate green investments and create millions of good jobs. By sharing the sun’s energy, we can help to build a more peaceful and prosperous world,” the declaration said.

The venture, being spearheaded by India and the UK in partnership with the ISA and the World Bank Group, goals to harness photo voltaic power wherever the solar is shining, making certain that generated electrical energy flows to areas that want it most.

The GGI-OSOWOG will deliver collectively a worldwide coalition of nationwide governments, worldwide monetary and technical organisations, legislators, energy system operators and information leaders to speed up the development of the brand new infrastructure wanted for a world powered by clear power.

In doing so, the venture goals to scale back reliance on non-renewable power corresponding to coal by enabling them to buy inexpensive solar energy from different international locations.

The ISA goals to assist mobilize USD 1 trillion of funding by 2030 to help creating international locations in increasing their solar energy grids, each in transmission and technology, to satisfy their power wants.

The initiative is broadly seen as an enormous and daring transfer in ISA’s ongoing efforts to grasp a worldwide photo voltaic transition roadmap and can go a way in direction of realising its imaginative and prescient for a photo voltaic power future.

Speaking on the occasion, Prime Minister Narendra Modi mentioned: “The One Sun One World One Grid and Green Grids Initiative is an idea whose time has come. If the world has to move to a clean and green future, these interconnected transnational grids are going to be critical solutions.”

The occasion additionally featured an handle by the UK Prime Minister Boris Johnson.

The venture will drive international interconnectivity throughout the Middle East, South Asia, and Southeast Asia, whereas leveraging African energy swimming pools.

The international grid idea was first introduced by Modi in October 2018 throughout the first meeting of the ISA. In May 2021, the UK pledged technical, monetary and analysis assist for the OSOWOG venture.

The International Solar Alliance (ISA), was launched at COP21 in Paris and has just lately expanded its membership scope to incorporate all UN member states. There are 90 signatories and 193 potential members.

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